Trans Siberian reports higher interim results

Stronger production results and a higher gold price have lifted Russian miner Trans Siberian Gold’s revenue to a record $27.60-million in the six months ended June 30, compared with $18.8-million a year earlier. The revenue resulted in profit before tax increasing to $3.2-million, from $0.5-million, and earnings before interest, tax, depreciation and amortisation of $8.8-million, up from $5.4-million in the same period of 2017.